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Orange 01364
32 Terrace Street
$172,000
● House - Off Market

32 Terrace Street

Orange, MA 01364
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
930 Ft²
$251,768
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

This well maintained home has a brand new roof, stainless steel appliances and has been freshly painted.  It is located on almost an acre of land at the end of a dead end street and has approximately 300' of frontage on the Miller's River.  The deck overlooks the large backyard that has plenty of room for summertime fun along with seasonal views of the river.  Economic to heat and close to Route 2.  There is nothing left to do but move-in!
Unit Size
930 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$185
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72574707)

Price History

Date / Event Date Event Price
Nov 27, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Foster-Healey Real Estate $172,000
Listed by Foster-Healey Real Estate
Dec 3, 2008 Sold
Premium
Sold
Jun 12, 2008 Listed by Foster-Healey Real Estate $62,500
Listed by Foster-Healey Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 450
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 788
  • Gross Building Area: 1,545
  • Building Area: 788
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 788
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ralph C. Mahar School District
  • School Tax School District: ORANGE SD
  • School Tax District Code 2: RALPH C MAHAR
  • Census Tract: 040501

Zoning

  • Zoning: A

Geography

  • Account Number: 802
  • Parcel: ORAN M:0108 B:0000 L:00037
  • Lot: 37
  • Municipality: ORANGE
  • Latitude: 42.5913
  • Longitude: -72.3197

    Address

  • Full Address: 32 Terrace St
  • Address - House Number: 32
  • Address - Street Name: Terrace
  • Address - Suffix Type: St
  • State: MA
  • City Name: Orange
  • Carrier Code: C014
  • 4-Digit Zip Code: 1406
  • Zip Code: 01364

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $311,000

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 207,957
  • High Value: 264,069
  • Low Value: 151,846

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $178,300
  • Assessed Land Value: $26,100
  • Assessed Improvements Value: $152,200

    Sales

  • Current Sale Contract Date: Nov 27, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12773
  • Previous Sale Recording Date: Dec 03, 2008
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Orange

Stats & Trends

Median Asking:

$314,800

Sale Price/ft²

$179

Below Asking

0.02%

Average Days on Market

62

Average Home Size

3068 ft²

Average Home Age

96.1 years

Currently For Sale

17 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72574707

Frequently Asked Questions

When was property at 32 Terrace Street built and last sold?
The property at 32 Terrace Street was built in 1900 and last sold on Nov 27, 2019 for $172,000.
How much is this home worth?
The estimated value of the home located at 32 Terrace Street is $170,686.
What are some comparable homes to 32 Terrace Street?
There are currently no comparable homes to 32 Terrace Street.
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